$1.06 Billion in Sales Expected for Ventas, Inc. (NYSE:VTR) This Quarter

Wall Street analysts expect that Ventas, Inc. (NYSE:VTRGet Rating) will report sales of $1.06 billion for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Ventas’ earnings. The highest sales estimate is $1.14 billion and the lowest is $1.03 billion. Ventas reported sales of $919.19 million in the same quarter last year, which indicates a positive year-over-year growth rate of 15.3%. The company is scheduled to report its next earnings results on Monday, January 1st.

On average, analysts expect that Ventas will report full-year sales of $4.24 billion for the current year, with estimates ranging from $4.16 billion to $4.41 billion. For the next year, analysts anticipate that the company will post sales of $4.51 billion, with estimates ranging from $4.36 billion to $4.66 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Ventas.

A number of equities research analysts recently commented on VTR shares. Bank of America raised Ventas from a “neutral” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Friday, March 11th. Royal Bank of Canada lifted their target price on Ventas from $62.00 to $63.00 in a report on Friday, May 20th. Deutsche Bank Aktiengesellschaft lifted their target price on Ventas from $64.00 to $67.00 in a report on Wednesday, April 27th. Raymond James lifted their target price on Ventas from $60.00 to $67.00 and gave the stock a “strong-buy” rating in a report on Friday, March 18th. Finally, Credit Suisse Group upgraded Ventas from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $53.00 to $63.00 in a report on Wednesday, May 18th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $64.42.

In related news, CEO Debra A. Cafaro sold 69,602 shares of the business’s stock in a transaction that occurred on Tuesday, March 29th. The stock was sold at an average price of $63.40, for a total value of $4,412,766.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 34,800 shares of the business’s stock in a transaction that occurred on Wednesday, March 2nd. The shares were sold at an average price of $55.97, for a total value of $1,947,756.00. The disclosure for this sale can be found here. Insiders sold 121,802 shares of company stock worth $7,447,849 in the last ninety days. 1.30% of the stock is owned by company insiders.

Hedge funds have recently modified their holdings of the stock. Riverview Trust Co bought a new stake in Ventas during the first quarter worth $25,000. Prospera Financial Services Inc bought a new stake in Ventas during the first quarter worth $28,000. US Asset Management LLC bought a new stake in Ventas during the first quarter worth $32,000. West Bancorporation Inc. bought a new stake in Ventas during the first quarter worth $33,000. Finally, CENTRAL TRUST Co lifted its stake in Ventas by 2,053.8% during the first quarter. CENTRAL TRUST Co now owns 560 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 534 shares during the last quarter. Institutional investors and hedge funds own 94.02% of the company’s stock.

NYSE VTR opened at $57.48 on Thursday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.62 and a current ratio of 0.62. Ventas has a 52 week low of $45.44 and a 52 week high of $64.02. The stock has a fifty day moving average of $58.85 and a 200-day moving average of $54.42. The stock has a market capitalization of $22.97 billion, a P/E ratio of 147.39, a price-to-earnings-growth ratio of 3.20 and a beta of 1.16.

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 14th. Stockholders of record on Friday, July 1st will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 3.13%. Ventas’s payout ratio is 461.55%.

About Ventas (Get Rating)

Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries – healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the demographic tailwind of an aging population.

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Earnings History and Estimates for Ventas (NYSE:VTR)

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